Netflix has agreed to buy the studio and streaming operations of Warner Bros. Discovery in a cash-and-stock transaction valued at $72 billion, a deal that would unite two of the most influential names in film and television. The planned acquisition would put Warner’s movie and television studio, as well as HBO, HBO Max and DC Studios, under the control of…
Business
Italian prosecutors in Rome have ordered 13 luxury fashion houses…
Costco Wholesale Corp. has become the largest U.S. company so…
The Prada Group has completed its acquisition of Versace in…
Thanks to the AI Boom, early investors in Big Tech…
Italian luxury group Giorgio Armani S.p.A. has appointed a new board to steer the company through a sensitive transition following the death of its founder, Giorgio Armani, at age 91 in September 2025. The announcement marks the first major governance step since his passing and activates succession mechanisms that the designer put in place years earlier to protect the independence…
World share markets traded in different directions on Thursday as investors weighed a recent Wall Street rally against fresh economic data and the looming Thanksgiving holiday in the United States. European benchmarks were broadly steady after a positive session in most major Asian markets, while U.S. equity futures suggested a muted open later in the day. Futures tied to the…
Campbell Soup Company has placed one of its senior technology executives, Martin Bally, on leave while it investigates a lawsuit alleging that he mocked the company’s products and customers and made racist remarks during a recorded conversation with a subordinate. The company said the alleged comments, if confirmed, are “unacceptable” and inconsistent with its corporate values and culture. According to…
Sales at U.S. retailers and restaurants in September increased by a modest 0.2% from August, according to the Commerce Department’s delayed monthly report, released after the federal government shutdown temporarily halted the publication of economic data. The rise marked a clear downshift from the stronger gains of 0.6% recorded in both July and August, and the 1% jump in June,…
At Old Brick Farm in Chelsea, Michigan, farmer Larry Doll has watched a national disease crisis unfold while his own barns stayed healthy. His family’s operation, founded in 1864, escaped recent waves of highly pathogenic bird flu and avian metapneumovirus that have swept through U.S. flocks, killing more than 2 million turkeys in the past three months and pushing the…
Screens filled with red numbers have become a familiar sight for traders in recent sessions, as major equity benchmarks swing sharply in response to shifting expectations for growth, inflation and interest rates. In the United States, the Dow Jones Industrial Average recently dropped nearly 500 points, while the S&P 500 and Nasdaq Composite also posted losses of around 1% in…